1.1 A bill for an act 1.2 relating to capital investment; appropriating money for capital improvements to 1.3 the Rum River Dam in the city of Anoka; authorizing the sale and issuance of state 1.4 bonds. 1.5BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 1.6 Section 1. ANOKA; RUM RIVER DAM. 1.7 Subdivision 1.Appropriation.$11,950,000 is appropriated from the bond proceeds 1.8fund to the commissioner of natural resources for a grant to the city of Anoka for 1.9improvements and betterments of a capital nature to the Rum River Dam in the city of 1.10Anoka. This appropriation includes money for operation and safety improvements; 1.11improvements to facilitate hydroelectric power generation and river surfing; and modification 1.12of the existing spillway into a lock or the incorporation of a fish passage if a lock is 1.13determined to not be feasible. 1.14 Subd. 2.Bond sale.To provide the money appropriated in this section from the bond 1.15proceeds fund, the commissioner of management and budget shall sell and issue bonds of 1.16the state in an amount up to $11,950,000 in the manner, upon the terms, and with the effect 1.17prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota 1.18Constitution, article XI, sections 4 to 7. 1.19 EFFECTIVE DATE.This section is effective the day following final enactment. 1Section 1. REVISOR JSK/MI 25-0237301/21/25 State of Minnesota This Document can be made available in alternative formats upon request HOUSE OF REPRESENTATIVES H. F. No. 746 NINETY-FOURTH SESSION Authored by Stephenson02/13/2025 The bill was read for the first time and referred to the Committee on Capital Investment